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by gmc4h232
Tue Jun 02, 2020 3:07 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2152

Re: Home Defense against the Horde

I just cant imagine being successful defending your home against a mob. I just think many of the mob are carrying guns and many more are drunk or on drugs and just looking for an excuse to start shooting....
by gmc4h232
Mon Jun 01, 2020 3:04 pm
Forum: Personal Consumer Issues
Topic: Furniture for an infant in the living room
Replies: 36
Views: 1889

Re: Furniture for an infant in the living room

See what you can find at garage sales or ask friends on FB, church, etc. Everybody buys this stuff new, so there has got to be a lot of it out there that has been grown out of. Also, I know this is not what you are asking about, but as far as actual furniture goes, I wouldnt get anything nice until ...
by gmc4h232
Sat May 23, 2020 12:41 pm
Forum: Personal Consumer Issues
Topic: Warning: Virginia State Inspection
Replies: 38
Views: 3743

Re: Warning: Virginia State Inspection

State inspection violations are currently not being enforced in VA. Just let it ride. They are a scam anyways.
by gmc4h232
Wed May 20, 2020 7:44 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2944

Re: Engagement Ring Help

Go to some pawn shops and look at their selection and bring cash and negotiate. Seriously - they have nice stuff. the ring will have the same sentiment regardless of what you spend on it. she is obligated to love whatever you get her. If she doesn't, reconsider your engagement. How would you know y...
by gmc4h232
Wed May 20, 2020 11:30 am
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2944

Re: Engagement Ring Help

Go to some pawn shops and look at their selection and bring cash and negotiate. Seriously - they have nice stuff. the ring will have the same sentiment regardless of what you spend on it. she is obligated to love whatever you get her. If she doesn't, reconsider your engagement. How would you know y...
by gmc4h232
Tue May 19, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2944

Re: Engagement Ring Help

Go to some pawn shops and look at their selection and bring cash and negotiate. Seriously - they have nice stuff. the ring will have the same sentiment regardless of what you spend on it. she is obligated to love whatever you get her. If she doesn't, reconsider your engagement.
by gmc4h232
Mon May 18, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 77
Views: 3914

Re: What kind of sunglasses?

Vanguard Fan 1367 wrote:
Mon May 18, 2020 3:22 pm
I am happy with my $199 Costas
+1

I love mine as well. I got the Jose with Glass lenses in green mirror that dont scratch as easily. I think i paid like $115 on ebay. Colors just look way more vivid through them.
by gmc4h232
Sat May 16, 2020 7:27 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6297

Re: Alternatives to Craftsman Tools

look at wright tool - they are made in usa (except cougar line) and the prices dont seem as outrageous as the snapon/mac/matco stuff.
by gmc4h232
Fri May 15, 2020 5:46 am
Forum: Personal Finance (Not Investing)
Topic: What are the most valuable things in life?
Replies: 7
Views: 841

Re: What are the most valuable things in life?

I like air conditioning quite a bit....
by gmc4h232
Wed May 13, 2020 8:35 pm
Forum: Personal Consumer Issues
Topic: "Fancy" drip/pour-over coffee makers
Replies: 54
Views: 3160

Re: "Fancy" drip/pour-over coffee makers

Capresso Infinity Grinder
Pour over gooseneck kettle with thermometer built into lid
Aeropress with Fellow Prismo valve and metal filter plate
by gmc4h232
Fri May 01, 2020 6:28 am
Forum: Personal Consumer Issues
Topic: Keepsake items for new baby?
Replies: 25
Views: 1232

Re: Keepsake items for new baby?

I second the idea of mint eagles with the year of birth. There are many other items from the mint as well. We gave each of our children an uncut sheet of $2 bills and coin, mint sets since we did not have funds for more expensive items or those of gold at the time. Hallmark shops have specific orna...
by gmc4h232
Mon Apr 27, 2020 3:50 pm
Forum: Investing - Theory, News & General
Topic: Why do investors have a hard time doing nothing?
Replies: 53
Views: 3883

Re: Why do investors have a hard time doing nothing?

I had no problem staying the courses, never have had a problem with it. My resolve is buoyed, strengthened, and encouraged by the daily work I put in on these forums and elsewhere. I believe I know what I’m doing and why I’m doing it. I am very confident of my plan In my personal experience, I only...
by gmc4h232
Mon Apr 27, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7155

Re: How do you explain no COVID19 Stimulus Payment?

To me the answers are simple and truthful:

"Did you get yours yet?" - No

"And how much did you get?" - See above
by gmc4h232
Fri Apr 24, 2020 8:57 am
Forum: Personal Investments
Topic: [Three-fund portfolio for a taxable account]
Replies: 6
Views: 776

Re: [Three-fund portfolio for a taxable account]

I would recommend filling up your bond allocation in a tax-deferred account (Traditional IRA/401k) first before holding in a tax free (Roth) account. Sine bond funds are not expected to have the same growth as stock funds, it's better to have that reduced growth in a tax-deferred account to minimize...
by gmc4h232
Wed Apr 22, 2020 8:35 pm
Forum: Personal Consumer Issues
Topic: Filling a void (of unknown size) under driveway
Replies: 26
Views: 1515

Re: Filling a void (of unknown size) under driveway

Use flowable fill and a vibrator.
by gmc4h232
Tue Apr 21, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: For those concerned about International Stocks...
Replies: 78
Views: 6820

Re: For those concerned about International Stocks...

Vanguard seems to have high hopes for international over the long term as they have allocated more than 25% to international in all their target date funds 2025 and beyond. I on the other hand am more pessimistic and as such, I’ve dropped my international allocation from 20% to 15% and moved them ou...
by gmc4h232
Mon Apr 20, 2020 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Helping deciding if i should purchase a truck
Replies: 26
Views: 1623

Re: Helping deciding if i should purchase a truck

I dont see why you need a truck to drive to class. Especially since you dont know at this point whether the class will be held online or held at all due to current events. Wait till we get through this covid mess. I know its fun to drive a truck, but be logical. Run some numbers (upfront cost, incre...
by gmc4h232
Wed Apr 15, 2020 8:03 am
Forum: Personal Investments
Topic: How much cash is too much cash?
Replies: 73
Views: 8952

Re: How much cash is too much cash?

I think you might benefit from searching the forum for posts about when people actually tapped their emergency fund and what they considered to be a worthy emergency to use that money on
by gmc4h232
Tue Apr 14, 2020 8:12 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 935
Views: 175359

Re: Boglehead Beer

Corona is pretty cheap here lately...
by gmc4h232
Sun Apr 12, 2020 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: New Car $30K 0%/5 years or Pay Cash but get $750 cash rebate?
Replies: 31
Views: 2692

Re: New Car $30K 0%/5 years or Pay Cash but get $750 cash rebate?

Why are you buying a new car? Certainly your existing car is adequate for sitting in the driveway during the current stay at home order...
by gmc4h232
Sat Apr 11, 2020 3:04 pm
Forum: Personal Investments
Topic: Is now the time to convert to Roth IRA
Replies: 10
Views: 854

Re: Is now the time to convert to Roth IRA

Based on all that you shared in your post the Roth conversion makes sense as long as the marginal rate doesn't exceed 12% on the dollars converted which would not be more than $1464 additional tax on a $12,200 conversion. Cheers i think it may be beneficial and a savings for her to recharacterize t...
by gmc4h232
Fri Apr 10, 2020 2:36 pm
Forum: Personal Investments
Topic: [Moved to cash. Now what?]
Replies: 33
Views: 2873

Re: [Moved to cash. Now what?]

I then attempted to exchange the VTSAX for VFIAX. It was 12:55pm PST on March 23rd---and my internet stopped working! Nooooooooo! It was not the fault of the Vanguard website--it's the crappy internet we have at home. By the time I was able to refresh the transaction and click submit, it was 1:00pm...
by gmc4h232
Fri Apr 10, 2020 6:17 am
Forum: Personal Investments
Topic: Is now the time to convert to Roth IRA
Replies: 10
Views: 854

Re: Is now the time to convert to Roth IRA

Might be worth calculating the marginal tax rate on a wide range of conversion amounts, both now and for when RMDs and two SS benefits are occurring. If you/they do that, what is the result? This is a good idea. I can run some simulations in TT for 2020 taxes. I dont think I'm savvy enough to do si...
by gmc4h232
Fri Apr 10, 2020 6:14 am
Forum: Personal Investments
Topic: Is now the time to convert to Roth IRA
Replies: 10
Views: 854

Re: Is now the time to convert to Roth IRA

Sounds like she is 66. Off topic, but can she claim spousal SS (Is her birthday before Jan 2, 1954?). She might look into this if no working. We are doing this to save my SS until I am 70 in 4 years, and just made a $46K Roth conversion for DH, based on conversations here on Bogleheads. Still withi...
by gmc4h232
Thu Apr 09, 2020 1:35 pm
Forum: Personal Investments
Topic: Is now the time to convert to Roth IRA
Replies: 10
Views: 854

Is now the time to convert to Roth IRA

My mother has contributed the max to a traditional IRA in 2018 & 2019 to save on taxes in those years - $13,500 total. The current value of that traditional IRA is about $12,200. The contributions were made while parents were in 12% tax bracket, and I'm assuming they will continue to be in the 12% t...
by gmc4h232
Tue Apr 07, 2020 10:09 pm
Forum: Personal Consumer Issues
Topic: Coffee Grinders
Replies: 69
Views: 3132

Re: Coffee Grinders

I have a Capresso Infinity. I think it meets all your requirements. I have no complaints about it. I doubt it will last 10 yrs like some of the more expensive options, but it's been reliable so far. I dont use it more than once a week for my weekend aeropressing.
by gmc4h232
Tue Mar 31, 2020 4:12 pm
Forum: Personal Consumer Issues
Topic: Small drip from copper pipe
Replies: 46
Views: 2106

Re: Small drip from copper pipe

this looks like a job for FLEX SEAL!!!!!!!
by gmc4h232
Sun Mar 29, 2020 7:45 am
Forum: Personal Investments
Topic: Taxable Account question
Replies: 12
Views: 963

Re: Taxable Account question

nix4me wrote:
Sun Mar 29, 2020 7:41 am
Use ETF's. TDAmeritrade has no commissions on VTI and now they were bought by Schwab so you can get the excellent Schwab ETF SCHB as well.
You can buy SCHB and other non-Vanguard ETFs at Vanguard commission free as well.
by gmc4h232
Tue Mar 24, 2020 8:02 am
Forum: Personal Investments
Topic: TLH partners: domestic, international, bonds, it's all here.
Replies: 10
Views: 795

Re: TLH partners

anon_investor wrote:
Tue Mar 17, 2020 1:56 am
This is what I have done so far:
VTSAX to VLCAX to VFIAX
Have you figured out what's next? I'm following your same path....
by gmc4h232
Sun Feb 09, 2020 6:31 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7954

Re: What do you/did you spend your bonus on?

mancich wrote:
Sun Feb 09, 2020 5:54 am
Mine comes in early March. Backdoor Roth, set aside money for family vacation in the summer, investment in taxable account, some to charity (with company match), and we owe a few thousand in Federal taxes. Finally, I'm going to treat myself to a new chain saw. :beer
Highly recommend Stihl MS261
by gmc4h232
Sun Feb 09, 2020 6:30 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7954

Re: What do you/did you spend your bonus on?

Winter Half: diamond ring for the wife + Vanguard Charitable DAF + VTSAX

Summer Half: 12k to backdoor roths + 8k to 529s + MAYBE a new shotgun, or fishing gear....
by gmc4h232
Sat Jan 25, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Baby registry "must haves"?
Replies: 64
Views: 3293

Re: Baby registry "must haves"?

We get a lot of use out of the travel high chair that straps to a regular chair. https://www.target.com/p/summer-infant-pop-n-sit-portable-infant-booster-seat-green/-/A-76153887?ref=tgt_adv_XS000000&AFID=google_pla_df&fndsrc=tgtao&CPNG=PLA_Baby%2BShopping&adgroup=SC_Baby&LID=700000001170770pgs&netwo...
by gmc4h232
Sat Jan 18, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Rollover Mistake
Replies: 36
Views: 2692

Re: Reverse Rollover Mistake

This is a very helpful thread. Not to hijack, but how would you prove this was after tax money if the transfer of after tax money to the 401k occurred in 2019 and form 8606 has not yet been filed yet. Im currently in a similar situation and trying to plan for my call to fidelity. I doubt that anyth...
by gmc4h232
Thu Jan 16, 2020 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Rollover Mistake
Replies: 36
Views: 2692

Re: Reverse Rollover Mistake

Do you have the Forms 8606 from your earlier taxes that documented these non-deductible contributions? But yes, assuming it can go into IRA/Roth IRA, you would have to use the paperwork that accompanies a rollover. As you've already found out, it must be distinguished from an ordinary contribution....
by gmc4h232
Wed Jan 15, 2020 10:13 pm
Forum: Personal Investments
Topic: Timing of Backdoor Roth Contribution and Avoiding the Pro Rata Rule
Replies: 21
Views: 1859

Re: Timing of Backdoor Roth Contribution and Avoiding the Pro Rata Rule

My question is - what differential tax impact is there by having to wait to convert my tIRA until 2020 along with my 2020 backdoor contribution? There shouldnt be any should there? I would just be paying tax on the $1000 gain from the 2019 amount correct since the $12,000 in basis would be after ta...
by gmc4h232
Sat Jan 11, 2020 10:49 pm
Forum: Investing - Theory, News & General
Topic: TIAA 403b Distribution Error
Replies: 3
Views: 333

Re: TIAA 403b Distribution Error

When something similar happened to us with TIAA, we didn’t discover it until after the end of the year. The fix that worked for us was an indirect rollover, mailed to the IRA custodian within 60 days. The tax that was withheld wasn't for very long, because the error happened in December and we got ...
by gmc4h232
Sat Jan 11, 2020 10:09 pm
Forum: Investing - Theory, News & General
Topic: TIAA 403b Distribution Error
Replies: 3
Views: 333

TIAA 403b Distribution Error

I'm working with my mother on consolidating her multiple 403b accounts into 1 traditional IRA to ultimately rollover to vanguard down the road. Two of them rolled over directly with no issue, but they mailed my mother a check from one of her accounts with the required 20% fed + 4% state withholding....
by gmc4h232
Sat Jan 11, 2020 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Donating $1M
Replies: 66
Views: 9586

Re: Donating $1M

- Donate appreciated securities from a taxable account If you are donating appreciated securities from a taxable account, make sure you donate securities with long term gains and not short term gains if you want to maximize your tax deduction. Why is that? Because if you donate appreciated securiti...
by gmc4h232
Fri Jan 10, 2020 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Donating $1M
Replies: 66
Views: 9586

Re: Donating $1M

- Donate appreciated securities from a taxable account If you are donating appreciated securities from a taxable account, make sure you donate securities with long term gains and not short term gains if you want to maximize your tax deduction. Why is that? Because if you donate appreciated securiti...
by gmc4h232
Wed Jan 08, 2020 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Donating $1M
Replies: 66
Views: 9586

Re: Donating $1M

stan1 wrote:
Fri Dec 27, 2019 4:35 pm
- Donate appreciated securities from a taxable account
If you are donating appreciated securities from a taxable account, make sure you donate securities with long term gains and not short term gains if you want to maximize your tax deduction.
by gmc4h232
Mon Dec 30, 2019 8:38 pm
Forum: Personal Investments
Topic: Timing of Backdoor Roth Contribution and Avoiding the Pro Rata Rule
Replies: 21
Views: 1859

Re: Timing of Backdoor Roth Contribution and Avoiding the Pro Rata Rule

Following up on this thread after I let a whole year go by. Here is where I landed: Due to a large year end profit share, our MAGI for 2019 exceeds the limits for a regular Roth IRA contribution, so this is what I did: 1. Made regular $6,000 roth IRA contribution in February with the hopes of not ex...
by gmc4h232
Sat Dec 28, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: How to get cash from 100lbs of coin change?
Replies: 33
Views: 2957

Re: How to get cash from 100lbs of coin change?

Pretty sure coins are considered cash, so I think you're already done.
by gmc4h232
Thu Dec 26, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Your Opinion: When to start pay off Mortgage?
Replies: 29
Views: 1741

Re: Your Opinion: When to start pay off Mortgage?

acegolfer wrote:
Thu Dec 26, 2019 8:22 pm
mortfree wrote:
Thu Dec 26, 2019 7:53 pm
Then I found bogleheads and realized they probably would have told me not to pay that off.
Do you regret paying off early?
Paid mine off this June. Let's just say it hasn't yet crossed my mind to go out and get another one...
by gmc4h232
Tue Dec 24, 2019 10:04 pm
Forum: Personal Consumer Issues
Topic: Help not being a Scrooge with presents
Replies: 49
Views: 4017

Re: Help not being a Scrooge with presents

alpenglow wrote:
Tue Dec 24, 2019 9:37 pm
Frankly, call me a Scrooge - I hate the whole thing.
+1
by gmc4h232
Tue Dec 24, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says not to invest in Bonds
Replies: 63
Views: 3302

Re: Dave Ramsey says not to invest in Bonds

Seems to me he promotes 4 different mutual fund types - aggressive growth, growth and income, international, and I forget the 4th. Surely growth and income has exposure to bonds
by gmc4h232
Tue Dec 24, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says not to invest in Bonds
Replies: 63
Views: 3302

Re: Dave Ramsey says not to invest in Bonds

As noted above, Dave's advice for getting out of debt is good. But his investing advice is poor, and his recommendations for retirement withdrawals are abominable. +1 Exactly correct. Hopefully, when Ramsey listeners get their debt paid off and get some basic financial grounding, they can “graduate...
by gmc4h232
Sun Dec 22, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Anyone start saving late and still retire early?
Replies: 61
Views: 5645

Re: Anyone start saving late and still retire early?

I think you need to rephrase your question like this and you will have your answer:

Is it possible to retire after working for less than 35 years?

Answer - yes.
by gmc4h232
Sun Dec 22, 2019 7:56 am
Forum: Personal Finance (Not Investing)
Topic: When did you retirement accounts really start to increase?
Replies: 16
Views: 2730

Re: When did you retirement accounts really start to increase?

I've kept a graph of my NW progression since 2012 with data points added every week. The slope of the trend lines on that graph changed significantly on November 9, 2016. Politics aside, it is uncanny how distinct that indicator is on my own personal growth chart. My NW (not including home equity or...